Bain Sells Stake in Domino's Japan

Australia-Based Domino's Pizza Buys Stake for $123 Million

Bain Capital sold a majority stake in its Domino's Pizza Japan business, relinquishing control of a fast-food chain that has built its success selling pizzas topped with local favorites such as Japanese mushrooms, Kobe beef and shrimp mayonnaise.

The U.S. private-equity firm said Tuesday it had sold a 75% stake in Japan's third-biggest pizza delivery chain to Australia-based Domino's Pizza Enterprises Ltd. for 12 billion yen ($123...